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Iran condemns US plans to announce new sanctions

Treasury Secretary Scott Bessent is set to outline the sanctions as Iran warns they will deepen pressure on its economy and trade ties.

  • The U.S. and Iran continued exchanging hostile statements on Saturday, as Washington prepared to announce new sanctions against Tehran.
  • U.S. Treasury Secretary Scott Bessent has said the upcoming measures will impose unprecedented economic pressure on Iran and could reduce the need for further military action.
  • Iran has rejected the planned sanctions, describing them as illegal and an infringement on its sovereignty. Iranian officials have said Tehran is preparing strategies to withstand additional economic pressure.
  • The two sides have not resumed direct negotiations, while disagreements persist over issues including Iran's nuclear program, sanctions and the status of the Strait of Hormuz.
  • Oil shipments through the waterway have fallen sharply from pre-war levels, with Reuters reporting an average of about 8 million barrels per day, compared with more than 20 million before the conflict.
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Iran has stated a hardline stance that it will consider countries participating in U.S. economic sanctions as enemies. Amid escalating tensions stemming from U.S. President Trump's unprecedented declaration of economic war and pressure on third countries through sanctions, the U.S. Treasury Department is scheduled to announce additional sanctions on the 24th, raising expectations for international repercussions.

Lean Right

The Iranian MNE accused the United States of "economic terrorism" after Scott Bessen promised that Washington would "rub the regime" of Tehran with the new sanctions.

·Lisboa, Portugal
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Lean Right

Iran warned on Saturday that it will consider "enemy" any country participating in the application of economic sanctions against the Islamic Republic, according to a...

·Madrid, Spain
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Xinhua broke the news in Beijing, China on Friday, August 21, 2026.
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